Category Archives:
Glencore proposes cash component in bid for Teck Resources
LONDON (Reuters) - Glencore on Tuesday proposed introducing a cash component to its takeover offer of Teck Resources and urged the board to delay an impeding shareholder vote on its restructuring plan...
Apr 11, 2023
Fed’s Williams: one more interest rate hike a ‘reasonable starting place’
(Reuters) - The prospect of the Federal Reserve raising its benchmark interest rate only once more and in a 25 basis point increase is a useful starting point but the central bank's policy path will d...
Apr 11, 2023
Russia may see wider 2023 budget deficit, lower growth for years to come -IMF
By Alexander Marrow MOSCOW (Reuters) - Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global isolation and lower energy revenues dampen its econom...
Apr 11, 2023
IMF warns deeper financial turmoil would slam global growth
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe flare-...
Apr 11, 2023
UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) - Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sharpest contraction among the world's big, advanced economies, the...
Apr 11, 2023
IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) - Central banks should not halt their fight against inflation because of financial stability risks, which look "very much contained," International Monetary Fund chief economist P...
Apr 11, 2023
Britain’s Sainsbury’s offers lower prices to loyalty card holders
By James Davey LONDON (Reuters) - Sainsbury's, Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty...
Apr 11, 2023
Credit Agricole urges EU to end ‘unfair’ safety net funding
By Huw Jones LONDON (Reuters) - French bank Credit Agricole has called on the European Union to address what it says is an unfair system of funding for the bloc's banking sector safety net. With the s...
Apr 11, 2023
Dominion Energy to buy solar project in Virginia
(Reuters) - Utilities firm Dominion Energy Inc will buy Longroad Energy's 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called F...
Apr 11, 2023
Blackstone raises $30.4 billion for latest real estate fund
(Reuters) - Blackstone Inc said on Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on the industry. The fund, called Bla...
Apr 11, 2023
Peoria, IL, USA
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